Posted by AlphaAdventurer > 1 week ago | Report Abuse

ValueInvestor888 got fact checked. ha

Posted by jjohnchew > 1 week ago | Report Abuse

https://www.bernama.com/en/news.php?id=2339861

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho 4 Hidden Risks :

1.) Why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business?
Subur Tiasa even diversified business into pipe manufacturing n auto sector since May 2023 .😱

2.) Pulau Bruit land is identified suitable for Hybrid Rice cultivation on 2024 … announced by UKAS , in line with Sarawak government vision to support Sarawak rice demand by own cultivation ( currently 34 % ) . Even to rivalling Kedah which supply 40 % Rice demand in Malaysia , of course need financial supports from Federal government on this .


> An illustration: as the company said 3% planted area 69589 is > 18 years , averagely 14 years , ie : 2087 hectares going to be Sawah Padi out of the
Rented land 52,880 hectares ( 76 % of planted area) .

Note : Rented Land , Approximate age of building: 15 years


3.) Replanting cost for the rented land 52,880 x 30,000 , need Rm 1.6 Billion.

QR ended June 2024 : Reserve n Retained earnings is RM 0.5 Billion.

4.) 2nd Major ( 14 % ) keep disposed shares from August 2023 to July 2024 until left 6 % .

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho latest one Shl be competitive Soybean oil prices esp after US cut interest rate .


Posted by jjohnchew > 17 hours ago | Report Abuse

https://www.bernama.com/en/news.php?id=2339861

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho another Risk on RSPO certification, where as Jtiasa is only certified by MSPO :


Hoho copied n posted partially:


Plantation sector lacks catalysts but hidden gems remain, say analysts
TheEdgeMon, Jul 15, 2024 02:00pm -



Analysts including PublicInvest Research plantation analyst Chong Hoe Leong are maintaining their “neutral” call on the plantation sector,


Chong says demand for palm oil is likely to remain steady in 2H2024, unless it is disrupted by unfavourable government policies like the European Union Deforestation Regulation (EUDR), which comes into effect on Dec 30 this year.

He says the new regulation will require companies importing products made from wood, cattle, cocoa, coffee, palm oil and soy to obtain a “due diligence” statement that confirms the goods were not derived from deforested land or links to forest degradation.

👉“Local refiners who want to export to the EU will only source for Roundtable on Sustainable Palm Oil (RSPO)-certified CPO.
“Currently, 25% of the world’s palm oil production is RSPO-certified. In Malaysia, only big growers produce RSPO-certified palm oil. That’s because, due to the hefty processing costs involved, the adoption of RSPO certification in Malaysia is still low. This could have a severe impact on the local plantation players as they might need to compete for refiners who have accessibility to other markets,” adds Chong.




Jaya Tiasa Holdings Berhad - Oil Palm & Wood Based Products

All our plantations are Malaysian Sustainable Palm Oil (MSPO) certified. Discover More. MSPO & MSPO SCCS Certified Mills and Plantations. All our CPO mills and ...

Posted by ValueInvestor888 > 1 week ago | Report Abuse

What i referred to is the current macro factors which negatively affecting palm oil companies are true...

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho Rsawit sold lands n diversified into pipes manufacturing n auto sector.


—-

Rimbunan Sawit sells agricultural land in Miri for RM165mil cash
By Sharen Kaur
December 22, 2023 @ 9:03am

Posted by Sslee > 6 days ago | Report Abuse

If only Mike-tikus had listen to me and bought jayatiasa at 1.03 he would had earned the dividend of 3.5 sen and still enjoy a book gain of 5-6 sen.

Posted by value_seeker > 6 days ago | Report Abuse

SSlee what is the maximum price to buy for Jtiasa?

Posted by Sslee > 5 days ago | Report Abuse

I have no idea.
I only know this year Indonesia CPO production will be down by 5-10%.
Will CPO price hold above RM 3,900 is still unknow as RM stengthening is no good for export oriented palm oil industries.

For Jayatiasa I expect improved dividend due to improved operating cash flow.

Posted by Balian de Ibelin > 5 days ago | Report Abuse

India oil mills just cancelled some huge palm oil orders from Malaysia due to high RM

Posted by jjohnchew > 5 days ago |

Post removed.Why?

Posted by Sslee > 5 days ago | Report Abuse

Derivatives
Night & Day Session
Night Session
NO NAME MONTH LAST DONE CHANGE VOL (`00) OI
1 FCPO Dec 2024 4,043.0000 +55.0000 9,827 91,245
2 FKLI Sep 2024 1,670.0000 +2.5000 5,445 46,320
3 FKLI Oct 2024 1,673.5000 +3.0000 4,195 15,176
4 FCPO Jan 2025 4,010.0000 +52.0000 2,209 33,462
5 FCPO Feb 2025 3,980.0000 +46.0000 1,483 18,283
6 FCPO Nov 2024 4,079.0000 +56.0000 1,412 46,577
7 FCPO Mar 2025 3,950.0000 +45.0000 1,357 25,121
8 FCPO Oct 2024 4,123.0000 +49.0000 91 11,446
9 FKLI Dec 2024 1,678.0000 +3.0000 70 904
10 FGLD Sep 2024 2,640.0000 +7.3000

Posted by Sslee > 5 days ago | Report Abuse

Very unusual India oil mills just cancelled some huge palm oil orders from Malaysia due to high RM.

But CPO price in RM still holding strong.

Posted by jjohnchew > 5 days ago | Report Abuse

https://www.bernama.com/en/news.php?id=2339861

Posted by jjohnchew > 5 days ago | Report Abuse

CPO Futures Close Lower Tracking Weaker Soybean Oil Prices
12 Sept 2024 — At the close, the spot month September 2024 contract surged RM53 to RM4,020 per tonne, while nearby October 2024 was RM28 lower to RM3,935, and .

Posted by jjohnchew > 5 days ago | Report Abuse

bernama
https://www.bernama.com › news
CPO Futures Close Lower Tracking Weaker Soybean Oil Prices
12 Sept 2024 — At the close, the spot month September 2024 contract surged RM53 to RM4,020 per tonne, while nearby October 2024 was RM28 lower to RM3,935, and .

Posted by Sslee > 5 days ago | Report Abuse

DCE Palm Olein Oct '24 (YHV24)
8,360s +80 (+0.97%) 09/24/24 [DCE]

China is supporting the CPO price.

Posted by jjohnchew > 5 days ago |

Post removed.Why?

Posted by Sslee > 5 days ago | Report Abuse

Luckily China Can't grow palm tree not even in Hainan because yearly typhoon will uproot all the palm trees.

Posted by Save > 5 days ago | Report Abuse

Soyoil future just broke out from double bottoms above neckline 42.50 due to China moderate financial stimulus yesterday, so did FCPO, however upside is limited as WTI oil haven't break out

Posted by jjohnchew > 5 days ago | Report Abuse

, Sep 18, 2024
In August 2024, soybean imports to China amounted to approximately six billion U.S. dollars, increasing by around 15 percent compared to the same period of the previous year. Despite the seasonal fluctuation in soybean imports, China remains the largest soybean importer in the world.

Posted by jjohnchew > 5 days ago | Report Abuse

Export Performance of Major Sectors
Exports of E&E Products Remained Robust
In January 2023, exports of manufactured goods which accounted for 84.2% of total exports decreased marginally by 0.1% y-o-y to RM94.97 billion. This was due to lower exports of manufactures of metal, rubber products as well as iron and steel products. However, expansion in exports was seen for petroleum products, E&E products, optical

MALAYSIA EXTERNAL TRADE STATISTICS JANUARY 2023
and scientific equipment as well as beverages and tobacco. Collectively, exports of petroleum products and E&E products accounted for 52.2% of Malaysia’s total exports and rose by RM7.66 billion.
Exports of mining goods (9.1% share) soared by 50.1% y-o-y to RM10.23 billion, the 22nd successive month of double-digit growth which was led by higher exports of LNG.
Exports of agriculture goods (6.2% share) declined by 19.8% to RM7.01 billion compared to January 2022 due to lower exports of palm oil and palm oil-based agriculture products.
Major exports in January 2023:
 E&E products, valued at RM46.96 billion and accounted for 41.6% of total exports, increased by 4.7% from January 2022;
 Petroleum products, RM11.92 billion, 10.6% of total exports, surged by 87.5%;
 LNG, RM6.68 billion, 5.9% of total exports, surged by 62.3%;
 Chemicals and chemical products, RM5.78 billion, 5.1% of total exports, decreased
by 6.6%; and

 Palm oil and palm oil-based agriculture products, RM5.29 billion, 4.7% of total
exports, decreased by 23.2%.

Posted by jjohnchew > 5 days ago | Report Abuse

大鱼吃小鱼年代

根据大马棕油局（MPOB）数据，大马的种植面积过去5年，已陷停滞现象，也就是能种植棕油的农业用地持续下滑。

2019年大马的种植面积，来到历史高点的590万公顷之后， 2023年则减少至565万公顷。这现象的背后，是因为大马已经禁止开发原始森林和泥炭地种植油棕，而且还在2019年把油棕种植面积，限制在650万公顷之内。

由于大马的种植面积受到土地的限制，棕油业者也被迫开始把重心放在提高产量和营运效率上，而提高盈利最快速的方式，就是企业并购。

例如，2021年吉隆甲洞成功以15.3亿令吉。收购IJM种植的56.2%股权，促使棕油种植面积增加28.7%至27万4688公顷。


棕油价利好业者

在缺乏种植绿地的背景下，并购很可能成为种植业未来的主题。过去几年棕油价格较好，不少园主财务状况持续改善，并积极寻找并购机会。

从ESG的议题来看，尽管大马政府推出多项具有吸引力的措施，但还是无法提振大马人对种植工作的兴趣。这也导致在种植业员工当中，外劳的占比高达85%。这可能会让种植业者曝露在“劳工剥削”或“维护劳工权益”等风险底下。

种植公司的盈利在2022年见顶后，便开始走下坡。当时，俄乌战争的爆发，导致黑海地区葵花籽油供应受到阻碍，全球买家争相找寻替代品。

作为全球四大食用油的棕油，在需求走高下价格自然水涨船高。当时，许多种植公司的盈利在2021至2022年这段期间，突破历史新高。

来到2023年，棕油价格从高峰的7000令吉以上，暴跌至目前35004000令吉一吨，但还是比2021年以前的历史均值 2700令吉约高出40%至50%，也有助于抵消不断走高的生产成本。

虽然需求还是取决于全球的经济景气，但在种植面积下滑，更多的油棕树已过盛年期，大马的翻种进度远低于预期，未来棕油的供给会受到限制。

Posted by curiousq > 5 days ago | Report Abuse

CPO climbs back to 4, this dwarf will follow?

Posted by Sslee > 5 days ago | Report Abuse

Derivatives
Night & Day Session
Night Session
NO NAME MONTH LAST DONE CHANGE VOL (`00) OI
1 FCPO Dec 2024 4,092.0000 +49.0000 9,172 92,093
2 FCPO Jan 2025 4,054.0000 +46.0000 2,387 32,948
3 FCPO Nov 2024 4,129.0000 +52.0000 2,380 45,634
4 FCPO Feb 2025 4,022.0000 +45.0000 1,205 17,381
5 FCPO Mar 2025 3,992.0000 +45.0000 722 23,896
6 FCPO Oct 2024 4,178.0000 +53.0000 271 9,884

Posted by Save > 5 days ago | Report Abuse

Jtiasa got chance to BO 1.15? Let's watch

Posted by jjohnchew > 5 days ago | Report Abuse

Hoho surprised that Jtiasa majority of the oil palm land is rented ( 76 % ) … later become Sawah Padi ke …

Posted by speakup > 4 days ago | Report Abuse

Lease 99 year's ok mah

Posted by Up_down > 4 days ago | Report Abuse

Not Ok. I want 9999999 years. kikiki

Posted by Up_down > 4 days ago | Report Abuse

Who is applying ludicrous logic for interpretation? hahha

Posted by Up_down > 4 days ago | Report Abuse

Sell Jtiasa because Genine want to sell, everyone wants to sell, CPO price drop back to RM 2.5k/ ton, labor shortage, management problem, the land are leased hold...how many more negative reasons for getting rid of Jtiasa shares?

Posted by Save > 4 days ago | Report Abuse

Because this year CPO production lower than last year due to El nino, thus price can maintain high. China start releasing water into the pool, commodities prices rebound.

Posted by Sslee > 4 days ago | Report Abuse

30-Jun-2022
(Actual)
30-Jun-2023
(Actual)
30-Jun-2024
(Actual)
30-Jun-2025
(Budget)
Planted area (ha) 69,589 69,589 68,569 67,449
Immature (%)
(<4 years)
0.0% 0.0% 0.0% 0.0%
Young mature (%)
(4-7 years)
3.1% 0.0% 0.0% 0.0%
Prime mature (%)
(>7 years)
96.9% 100.0% 100.0% 100.0%
FFB production (MT) 737,723 943,924 1,155,478 1,211,852
FFB yield 10.6 13.6 16.6 17.8
Lower FFB output in FY22 due to disruption in operation
brought about by pandemic

Posted by Sslee > 4 days ago | Report Abuse

Will jayatiasa retest 52 weeks high of 1.53 or low of 0.835?
It will all depend of FFB production and CPO price. (Earning, cash flow and dividend )
So far July and Aug FFB production and CPO price were good.

Eagerly waiting for Sept FFB production
Management already gave a budget FFB production for FYE 30/6/2025 as 1,211,852 MT

Posted by jjohnchew > 4 days ago | Report Abuse

Hoho no worries le , you got 6 sen dividend le but trapped High le .🤣

Posted by jjohnchew > 4 days ago | Report Abuse

referred to QR ended June 2016 :

Planting Schedule for 10 Plantations :

Project commence is from 2002 to 2009 …. Project Complete is from 2005 to 2015 .

In line with the company statement:

👉All our palm trees have matured. Out of the Group's total planted area of 69,589 hectares, about 3% of the palms are more than 18 years of age. The average age of palms is 14 years, which is within the prime production bracket.

Posted by jjohnchew > 4 days ago | Report Abuse

Hoho interesting le , 👉referring to Annual Report FYE2023 :

Top 10 List of Properties Owned :

1.) Pulau Bruit , Bruit Land District

👉Tenure : Rented land

Existing use : Oil Palm estate, CPO mill , Building & Quarter


👉Area : 52,880 hectares ( 76 % of planted are ) .


Approximate age of building: 15 years


2.) Pulau Bruit , Lot 5,6,14,15 Bruit Land District

Tenure : leasehold until 2064

Existing use : Oil Palm estate, Building & Quarter


👉Area : 10,043 hectares


Approximate age of building: 11 years


> Where as other 9 properties are with Leased Tenure until 2060 , 2064 etc .


>>👉👉Going to tanam Hybrid Rice !!!

Posted by kl_guy > 4 days ago | Report Abuse

FCPO jump up to rm4125 .yahooooo

Posted by speakup > 4 days ago | Report Abuse

Buy Yahoo share?

Posted by jjohnchew > 3 days ago | Report Abuse

Hoho thanks to ssleee mentioned RH group …. So Jtiasa shl follow Rsawit n SuburTiasa ke ???

Posted by jjohnchew > 3 days ago | Report Abuse

Hoho Rsawit sold lands … Subur Tiasa diversified business into pipes manufacturing n auto sector …

Jtiasa rented Lands If going to be Sawah Padi …

Posted by Up_down > 3 days ago | Report Abuse

Indonesia was encountered CPO production dropping more than 10% in the recent months.

https://gapki.id/news/2024/09/25/produksi-turun-stok-kembali-turun/

Posted by jjohnchew > 3 days ago |

Post removed.Why?

Posted by jjohnchew > 3 days ago | Report Abuse

Jtiasa Another Hidden Risk :

Total Assets is reduced:

2019 : RM 2406 million

2023 : RM 1955 million

Posted by daretocutandchange > 2 days ago | Report Abuse

due to impairment of oversea timber assets

Posted by Up_down > 2 days ago | Report Abuse

Indonesia CPO stock level dropped to 2.51 million ton in Jul 2024 or the level in Mar 2019. With the implementation of B40 in Jan 2025 plus increasing local food consumption, CPO export is expected to fall another 2 million ton or back to the 26.4 million ton in 2015.

Posted by Up_down > 2 days ago | Report Abuse

Indonesia is expected to export 28.5 million ton of CPO in 2024 or dropped 2 million ton as CPO production sliding due to oil palm tress stress and increasing old mature tress plus increasing local consumption in food and biodiesel.

Posted by Sslee > 2 days ago | Report Abuse

The net worth restate due to accountimg standard Transition from FRS to MFRS starting FY30/6/2019

Last 10 FY Result
Financial year 30/06/24 30/06/23 30/06/22 30/06/21 30/06/20 30/06/19 30/06/18 30/06/17 30/06/16 30/06/15
Net Worth 1,529,425 1,384,227 1,268,068 1,142,229 1,103,509 1,132,549 1,781,103 1,810,143 1,811,294 1,769,599

Posted by jjohnchew > 2 days ago | Report Abuse

Hoho just like TDM ke .. 2019 is changed New Auditor, rectified the financial gimmick on Mis-Location … 2019 is in Huge Loss , revised 2018 to Huge Loss …since then 2020 to 2022 in Loss .